1-bedroom house · PO6 2BF
Sold STCListed 672 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Carrick Court is a small yet stylish McCarthy & Stone development for the over 60's, conveniently located close to local amenities, bus routes and Queen Alexandra Hospital.
The residents benefit from a well maintained garden, Club Lounge with library, car parking facilities, lifts to all floors, mobility scooter store and a guest suite.
Furthermore, there is a house manager as well as a 24 hour care line system for added peace of mind.
This spacious, bright, apartment is located on the second floor with wonderful views and in brief the accommodation comprises; Entrance hallway with storage cupboard, generous lounge/dining room, fitted kitchen, double bedroom with walk-in wardrobe and bathroom with walk-in shower.
Offered with no forward chain, we highly recommend viewing to appreciate both the location and accommodation on offer.
Reception 6' 11'' x 5' 11'' (2.11m x 1.80m) Living/Dining Room 21' 6'' x 12' 1'' (6.55m x 3.68m) Kitchen 7' 10'' x 7' 5'' (2.39m x 2.26m) Master bedroom 14' 9'' x 12' 10'' (4.49m x 3.91m) Shower Room 7' 2'' x 6' 11'' (2.18m x 2.11m) Walk-In Wardrobe 6' 1'' x 4' 11'' (1.85m x 1.50m) Store 5' 3'' x 4' 11'' (1.60m x 1.50m)
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Carmarthen Avenue, Portsmouth
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